personal property tax
41Property Inventory — A written tally of all of a taxpayer s personal property. This inventory will also denote how much was paid for each item and when, along with each item s current market value. Property inventories are generally used by taxpayers to calculate… …
42property inventory — A list of personal property with corresponding values and initial costs often used to substantiate insurance claim and tax losses. Bloomberg Financial Dictionary …
43Ad valorem tax — An ad valorem tax (Latin: according to value ) is a tax based on the value of real estate or personal property.An ad valorem tax is typically imposed at the time of a transaction (a sales tax or value added tax (VAT)), but it may be imposed on an …
44Tax avoidance and tax evasion — Tax avoidance is the legal utilization of the tax regime to one s own advantage, in order to reduce the amount of tax that is payable by means that are within the law. By contrast tax evasion is the general term for efforts to not pay taxes by… …
45Tax forms in the United States — are used by taxpayers and tax exempt organizations to report financial information to the Internal Revenue Service (IRS). They are used to report income and calculate taxes owed to the government of the United States. TOC Federal tax forms 990… …
46Tax bracket — Tax brackets are the divisions at which tax rates change in a progressive tax system (or an explicitly regressive tax system, although this is much rarer). Essentially, they are the cutoff values for taxable income mdash; income past a certain… …
47Personal Casualty Gains — for individuals for United States Federal Income Tax purposes are defined in section 165(h)(3)(A) of the Internal Revenue Code as the recognized gain of property arising from fire, storm, shipwreck, or other casualty. The property in question… …
48income tax — Synonyms and related words: VAT, ad valorem duty, alcohol tax, amusement tax, assessment on default, capital gains tax, capitation, capitation tax, corporation tax, customs, customs duty, death duty, death tax, doomage, duty, estate duty, estate… …
49tax basis — See: basis Category: Personal Finance & Retirement → Taxes Category: Real Estate & Rental Property → Selling a House Category: Wills, Trusts & Estates → Estates, Executors & Probate Court Nolo’s Plain English Law Dictionary. Gerald N. Hill,… …
50tax sale — see sale Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. tax sale …
